HR 166 · 119th Congress · Finance and Financial Sector

Fair Lending for All Act

Introduced 2025-01-03· Sponsored by Rep. Green, Al [D-TX-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2025-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Lending for All Act This bill adds classes of individuals protected under the Equal Credit Opportunity Act. With respect to credit transactions, the bill adds sexual orientation, gender identity, and an applicant's location based on zip code or census tract as classes protected against discrimination. (Currently, discrimination is prohibited on the basis of race, color, religion, national origin, sex, marital status, age, or because an applicant receives public assistance.) The bill establishes criminal penalties for violations of prohibited credit discrimination. The Consumer Financial Protection Bureau is required to review loan applications for compliance with specified consumer laws and to establish an Office of Fair Lending Testing.…

Summarized by Claude AI · Non-partisan · For informational purposes only